Technology

grocery stores amazon

5 Ways Supermarkets Can Compete with Amazon’s Whole Foods

If you believe the media’s frenzied reporting, you might think Amazon’s $13.7 billion acquisition of Whole Foods Market is something like a doomsday event grocers. Just look at some of the headlines: Amazon Deal for Whole Foods Starts a Supermarket War (The New York Times) Analyst Says Whole Foods Competitors Are ‘Screwed’ (Forbes) The Grocery Industry…

The Best Practices for Eradicating Shrink

For both retailers and suppliers, shrink is a massive problem. It can even reach up to 20% of operating profits for some retailers which is a staggeringly large number.  One of the main causes of shrink is food waste. Every year, America alone wastes up to 160 billion pounds of food. When your profits are…

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